This Bitcoin Price Forecast opens with the latest price action. BTC traded near $62,633 at the time of writing, up about 2% on the day.
The coin has climbed roughly 6.1% since June 30, putting it back on the radar of short-term traders heading into the U.S. holiday weekend.
That move came as the S&P 500 stayed flat, down just 0.2% over the same stretch, and gold rose 4.8%. Crypto, in other words, is finally playing catch-up.
Let’s discuss the bitcoin price prediction.
|
Asset |
Change Since June 30 |
|
Bitcoin (BTC) |
+6.1% |
|
Gold |
+4.8% |
|
S&P 500 |
-0.2% |
As per Ali, three separate tools on the 12-hour chart are pointing the same direction right now.
Tom DeMark Sequential. A fresh buy countdown has printed near current levels. An earlier sell signal near $65,000 marked the recent local top, and a prior buy signal close to $58,000 lined up with the bottom of this pullback.
RSI divergence. The Relative Strength Index is forming a bullish divergence. Price made lower lows into late June, but RSI did not confirm that weakness, a pattern traders often read as fading downside momentum.
SuperTrend flip. The SuperTrend indicator has turned bullish, adding a third layer of confirmation to the same short-term setup.
If these signals hold up with real spot volume behind them, the next resistance target on the chart sits near $65,400, which lines up with the TD setup trendline from the recent sell zone.
Futures and options data give a mixed but generally constructive picture.
|
Metric |
Value |
24h Change |
|
Market Cap |
$1.25T |
— |
|
Futures Volume (24h) |
$43.84B |
-31.82% |
|
Spot Volume (24h) |
$3.24B |
— |
|
Open Interest |
$47.31B |
+2.74% |
|
Options Volume |
$4.10B |
+1.44% |
|
Options Open Interest |
$27.65B |
-3.15% |
Long/short account ratios on major exchanges lean toward longs. Binance shows a ratio of 1.5063, OKX sits at 1.48, and Binance's top-trader accounts show 1.6448, though top-trader positions are more balanced at 1.2343.
Liquidations were heavy in the past 24 hours. CoinGlass data shows 69,322 traders were liquidated for a combined $241.15 million, with the single largest order an ETH/USDT short worth $10.09 million on Binance.
Some voices on crypto social media argue the floor under Bitcoin is now much higher than the market wants to admit, with talk of $150,000 as a longer-term target and doubt that $30,000 to $40,000 prints again this cycle.
That view is a long-term thesis, not a guarantee. Short-term charts can and do disagree with longer-term narratives, and this week's bounce needs to hold above the low-$60K zone to be taken seriously as more than a relief rally.
For now, this Bitcoin Price Forecast points to a technical crossroads. The signals point up, the derivatives data is mixed, and sentiment is cautiously improving after weeks of ETF outflows and hesitant whales.
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and past performance does not guarantee future results. Always do your own research and consult a licensed financial advisor before making investment decisions.

